Karachi: Ghandhara Automobiles Limited has reported its financial results for the quarter ending September 30, 2026, revealing a decrease in net revenue while showcasing a substantial rise in profit. The financial results were disclosed in a report dated October 27, 2026.

The company's net revenue for the quarter was recorded at 7.89 billion rupees, a decline from the 9.25 billion rupees reported in the same quarter of the previous year. Despite the fall in revenue, Ghandhara Automobiles achieved a gross profit of 1.97 billion rupees, up from 1.44 billion rupees in the corresponding period last year.

The company's distribution costs decreased to 51.75 million rupees from 84.17 million rupees, and administrative expenses rose to 93.82 million rupees from 76.61 million rupees. Other income for the quarter increased to 199.69 million rupees from 151.16 million rupees, while other expenses reduced to 86.35 million rupees from 94.96 million rupees.

The profit from operations surged to 1.94 billion rupees from 1.34 billion rupees in the previous year, demonstrating a significant improvement in operational efficiency. Finance costs decreased slightly to 11.61 million rupees from 12.61 million rupees.

The profit before income tax rose to 1.92 billion rupees from 1.32 billion rupees. The company reported a total taxation of 667.92 million rupees, up from 497.45 million rupees the previous year. Consequently, the profit for the period increased to 1.26 billion rupees, a very large or significant move from the 823.82 million rupees reported last year.

According to information available from the Pakistan Stock Exchange (PSX), Ghandhara Automobiles' earnings per share improved to 22.04 rupees from 14.45 rupees in the corresponding period of the previous year.

The comprehensive income for the period was 1.26 billion rupees, maintaining the same levels as the profit for the period, with no additional comprehensive income reported.